[2porscheguy]

Twobone, ironically I've been thinking about this quite a bit lately. I'm 53 and would like to retire in about 7 years at 60. Not to hijack your thread but maybe we can get some of the newly retired Pelicans to chime in on your retirement planning thread here and offer some of us some advice!

I've heard alot about the 4/30 rule....if you can get by on 4% of your nest egg per year, adjusted for inflation, your nest egg should last you about 30 years. So, as an example, if you have a 2.0M$ nest egg, that should give you about $80,000.00 or about $6600.00 per month in today's dollars. This, of course, is over and above any government or company pension plan if you are fortunate enough to have one of those!